4 Room (4A) HDB for Sale in 438 Hougang Avenue 8

The HDB 4 Room property in Hougang, with a remaining lease of 62 years, presents a compelling investment opportunity in the current real estate landscape of Singapore. Valued at approximately $589,716, translating to $522 per square foot (PSF), this property is positioned above the market average, reflecting a significant 25.5% premium over the baseline valuation. Such a premium is indicative of the area's desirability and the competitive nature of the HDB resale market within the region.

Our analysis, grounded in data from 135 recent HDB resale transactions in the vicinity, suggests a high model confidence in this valuation. The sustained interest in Hougang, combined with its robust infrastructure and amenities, contributes to its appeal among potential buyers. The remaining lease of 62 years, while moderately long, aligns with the expectations of many families and investors seeking stable long-term housing solutions. This property not only exemplifies the potential for capital appreciation but also reflects the dynamic trends of the local housing market, where demand continues to outstrip supply in sought-after neighborhoods.